$289,000
SOLD APR 18, 2017

1836 Wakefield Rd SW Roanoke, VA 24015

Raleigh Court Neighborhood
-- Bed
-- Bath
3,462 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$83 Per Sq Ft

8% Below List Price

37 Days on Market

Highlights

  • No HOA
  • Storage
  • 2-minute walk to Lakewood Park

About This Home

As of January 2023

Rare, one-of-a-kind offering for a brick triplex on corner lot in the heart of Raleigh Court. Gorgeous hardwood floors, original trim, subway tile, woodwork, & intact period details give this home unparalleled charm & elegance. A full basement with TONS of storage plus shower & water closet, 2 car garage with additional off-street parking, & modern kitchens with dishwashers & washers & dryers make for practical living. Two of the units are 2 BR with over 1,300 SF each, occupying an entire floor complete with enclosed solarium porches. Both are rented. Upper unit is a 1 BR with approximately 750 SF. All units feature dishwasher, washer/dryer, & separate, upgraded electric with individual hot water heaters.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,066

Year Built

  • Built in 1937

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50x172

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 3,462 Sq Ft Home
  • Fireplace Features Masonry
  • Storage
  • Basement Fills Entire Space Under The House

Schools

  • Wasena Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for air conditioning, electricity
  • Month-to-Month Lease Term
  • Legal Lot and Block 1 / 2

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Leased Units
  • Insurance Expense $980
  • Maintenance Expense $3,078
  • Water Sewer Expense $514
  • New Taxes Expense $3,066
  • Operating Expense $9,488
  • Gross Income $32,400
  • Net Operating Income $21,292

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,066

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Interior Features: Masonry Fireplace, Storage
  • Heating System: Radiator Gas Heat
  • Type: Multi-Family
  • Has Basement: Full Basement
  • Cooling System: Window A/C
  • ExpensesGasExp: 1050.00
  • ExpensesTaxExp: 3066.00
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 3.00
  • NumberVehicleSpaces: 4.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2017-02-11
  • TotalAnnualExpen: 9488.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 514.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Current Lease, Historical Theme

Schools

  • Elementary School: Wasena
  • Middle School: James Madison
  • High School: Patrick Henry

Lot Info

  • Lot Dimensions: 50x172
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.21
  • Lot: 1
  • Present Use: Built-As
  • ZoningCode: R-5

Building Info

  • Year Built: 1937

Tax Info

  • Taxes (6 mo): 3066.00
  • FILLTAXID: 1240609

Multi Family

  • Lease Type: Month-to-Month, One Year
  • Tenant Pays: Air Conditioning, Electricity
  • Units In Building: 3.00
  • Multi Family Type: Triplex

MLS Schools

  • Elementary School: Wasena
  • HighSchool: Patrick Henry
  • Middle School: James Madison

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2023 01/24/23 Sold $458,500 -8.1% $175 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $499,000 +72.7% $190 / Sq Ft
04/18/2017 04/18/17 Sold $289,000 -8.3% $83 / Sq Ft
02/11/2017 02/11/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $315,000 -- $91 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Derek Hicks

    Seller's Agent in 2023

    Derek Hicks

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 330-6126

    6 in this area

    49 Total Sales

    Derek Hicks
    Section Image
  • Matthew Zimmerman

    Seller Co-Listing Agent in 2023

    Matthew Zimmerman

    WALDVOGEL COMMERCIAL PROPERTIES

    (540) 759-1884

    5 in this area

    42 Total Sales

    Matthew Zimmerman
    Section Image

  • M

    Buyer's Agent in 2023

    Mason McLeod

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 597-5595

    1 in this area

    9 Total Sales

    Mason McLeod
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 832965

Roanoke Valley Association of REALTORS®

APN: 124-0609

Virginia Roanoke City County Roanoke 24015 Raleigh Court

1836 Wakefield Rd SW, Roanoke, VA

This home is located at 1836 Wakefield Rd SW, Roanoke, VA 24015 and is currently priced at $289,000, approximately $83 per square foot. This property was built in 1937. 1836 Wakefield Rd SW is a home located in Roanoke City with nearby schools including Wasena Elementary School, James Madison Middle School, and Patrick Henry High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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